Figs (FIGS) Operating Expenses (2020 - 2026)
Figs' (FIGS) quarterly Operating Expenses came in at $112.6 million in Q2 2026, up 21.94% year-over-year from $92.3 million in Q2 2025, and up 8.46% quarter-over-quarter from $103.8 million in Q1 2026.
Analysis
Figs (FIGS) Operating Expenses (2020 - 2026) Analysis & Trends
Figs (FIGS) has reported Operating Expenses for 7 consecutive years, with $112.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 21.94% year-over-year to $112.6 million in Q2 2026; TTM through Jun 2026 was $421.1 million, a 12.91% increase from a year earlier, with the FY2025 full-year figure at $381.7 million, up 2.23% from the prior year.
- Operating Expenses was $112.6 million for Q2 2026 at Figs, up from $103.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $112.6 million in Q2 2026 and troughed at $64.7 million in Q1 2022.
- A 5-year average of $90.6 million and a median of $90.9 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 39.71% in 2022, down 27.6% in 2022.
- Over 5 years, Operating Expenses stood at $95.6 million in 2022, then slipped by 12.51% to $83.6 million in 2023, then advanced by 11.56% to $93.3 million in 2024, then climbed by 16.04% to $108.3 million in 2025, then rose by 4.0% to $112.6 million in 2026.
- The last three Operating Expenses figures came in at $112.6 million (Q2 2026), $103.8 million (Q1 2026), and $108.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.72 Bn | 9.33 Bn | 1.46 Bn | 1.01 Bn |
| 2 | Gildan Activewear | 8.17 Bn | 7.91 Bn | 459.76 Mn | 283.86 Mn |
| 3 | Levi Strauss | 8.13 Bn | 7.15 Bn | 979.10 Mn | 856.90 Mn |
| 4 | V F | 5.28 Bn | 4.61 Bn | 917.04 Mn | 1.75 Bn |
| 5 | Kontoor Brands | 4.02 Bn | 3.96 Bn | 328.26 Mn | 493.76 Mn |
| 6 | Pvh | 3.43 Bn | 2.46 Bn | 1.32 Bn | 1.09 Bn |
| 7 | Warby Parker | 3.00 Bn | 2.71 Bn | 136.46 Mn | 133.29 Mn |
| 8 | Columbia Sportswear | 2.95 Bn | 2.33 Bn | 358.43 Mn | 332.19 Mn |
| 9 | Figs | 2.27 Bn | 1.97 Bn | 147.86 Mn | 112.59 Mn |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | 547.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 112.59 Mn |
| Mar 31, 2026 | 103.82 Mn |
| Dec 31, 2025 | 108.26 Mn |
| Sep 30, 2025 | 96.43 Mn |
| Jun 30, 2025 | 92.33 Mn |
| Mar 31, 2025 | 84.67 Mn |
| Dec 31, 2024 | 93.30 Mn |
| Sep 30, 2024 | 102.66 Mn |
| Jun 30, 2024 | 95.71 Mn |
| Mar 31, 2024 | 81.69 Mn |
| Dec 31, 2023 | 83.63 Mn |
| Sep 30, 2023 | 87.44 Mn |
| Jun 30, 2023 | 89.47 Mn |
| Mar 31, 2023 | 82.38 Mn |
| Dec 31, 2022 | 95.59 Mn |
| Sep 30, 2022 | 79.62 Mn |
| Jun 30, 2022 | 76.90 Mn |
| Mar 31, 2022 | 64.69 Mn |
| Dec 31, 2021 | 73.57 Mn |
| Sep 30, 2021 | 64.15 Mn |